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Echo Investment

CATEGORY
Office Developer of the Year, Poland
Echo Investment is the largest Polish developer, the only one on the market with extensive experience in three sectors of the real estate market: residential, retail and service as well as office one. AIts flagship project complementing the city's fibre is Browary Warszawskie, which is being built in the heart of the fastest growing district of Warsaw. The company is preparing further ‘destinaton’ projects in Warsaw, Kraków, Łódź and Wroclaw. Since 1996 Echo Investment has been listed on the Warsaw Stock Exchange. Since 2015 Echo Investment has been part of a dynamically developing capital group: PIMCO – Oaktree – Griffin Real Estate.
Name of company
Echo Investment
Name of President or Managing Director for Poland
Nicklas Lindberg
President or Managing Director for Poland profile
Responsible for the strategy and development of Echo Investment. For 15 years he had been with Skanska where he worked as President for Skanska Commercial Development Europe (CDE), Skanska’s business unit that develops properties in Central and Eastern Europe and the head of Skanska Property Poland, a unit within Skanska Commercial Development Europe. Prior to that Mr. Lindberg had worked with Residential Development in the Nordics and for Skanska Russia as both CFO and CEO.
Portfolio of all completed properties currently held by your company
The company has completed over 145 projects with a total area of 1,450,000 sqm in several dozen cities and towns in Poland. Completed in 2018: West Link, Wrocław - 14000 sqm - 2018 Sagittarius Business House, Wrocław - 25000 sqm - 2018 Office building in operation: Symetris Business Park II - 9 700 sqm O3 Business Campus III - 19 000 sqm Sagittarius Business House - 25 000 sqm Under construction: Gatehouse Offices (Brewery J) - 15 400 sqm Moje Miejsce I - 18 700 sqm Face 2 Face I - 20 400 sqm
Value of the projects currently held by company (in EUR)
-
Size of the projects currently held by company (GLA)
36600
Properties sold between October 2017 and September 2018
Sagittarius Business House, 25000 sqm - 74,5 mln EUR Symetris Business Park II - 9700 sqm - 21,4 mln EUR
Value of the properties sold between October 2017 and September 2018, in EUR
95,9 mln
Size of the properties sold between October 2017 and September 2018 (GLA)
35000
Projects completed between October 2017 and September 2018
West Link, Wrocław - 14000 sqm - 2018 Sagittarius Business House, Wrocław - 25000 sqm - 2018
Value of the projects completed between October 2017 and September 2018, in EUR
-
Size of the projects completed between October 2017 and September 2018 (GLA)
40000
Projects under construction
Gatehouse Offices (Brewery J) - 15 400 sqm Moje Miejsce I - 18 700 sqm Face 2 Face I - 20 400 sqm
Value of the projects in progress (in EUR)
-
Size of the projects in progress (GLA)
54500
Projects in the pipeline
Brewery Villa Offices (Brewery K) 16,200 I Q 2020 Malthouse Offices (Brewery G-H) 26,700 5.5 270.2 18% III Q 2018 II Q 2020 Moje Miejsce II, Warszawa, 16,900 IV Q 2020 Piłsudskiego Łódź, 15,600 II Q 2020 Solidarności, Gdańsk, 30,600 I Q 2021 Powstańców Śląskich, Wrocław, 36,700 I Q 2021 Face 2 Face II, Katowice, ul. Grundmanna 26800, IVQ 2020
Please say why your company should be considered for the award
s a company responsible for the development of cities, Echo is involved in large city-forming projects combining various functions. The company creates places where people can work, live, play and satisfy everyday needs.
Company website
www.echo.com.pl